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About 70pc of Aston Martin vehicles are exported and the company has been expanding in China over the last 18 months, the full benefit of which is yet to be felt.

Andrea Bonomi, senior principal at Investindustrial, described Warwickshire-based Aston Martin as an "iconic global, but quintessentially British brand."

He added: "We are looking forward to working with the management and Investment Dar to achieve a similar transformation and rejuvenation that we achieved with [Italian motorcycle company] Ducati, by expanding the model range and strengthening the dealership network, throughout the world.”

The deal ends weeks of speculation about a sale of a stake in the car manufacturer. It is thought five serious bidders were circling Aston Martin, including Indian manufacturer Mahindra & Mahindra which is thought to have pulled out.

Last week Moody's said it was reviewing Aston Martin's credit rating with the possibility that it might be downgraded deeper into "junk" territory because of a weaker than expected performance.

The company sold 2,520 cars in the year to the end of September, 20pc fewer compared with a year earlier, and well below pre-recession levels of more than 7,000.